Credit Suisse Group AG [CS] Stock trading around $4.14 per share: What’s Next?

Credit Suisse Group AG [NYSE: CS] slipped around -0.57 points on Friday, while shares priced at $4.14 at the close of the session, down -12.10%. The company report on September 19, 2022 that Credit Suisse AG Announces the Reverse Splits of its USOI, GLDI and SLVO ETNs.


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Credit Suisse AG announced today that it will implement 1-for-20 reverse splits of its Credit Suisse X-Links® Crude Oil Shares Covered Call ETNs (“USOI”), Credit Suisse X-Links® Gold Shares Covered Call ETNs (“GLDI”) and Credit Suisse X-Links® Silver Shares Covered Call ETNs (“SLVO”), each expected to be effective as of September 27, 2022.

The reverse splits will be effective at the open of trading on September 27, 2022. USOI, GLDI and SLVO will each begin trading on the Nasdaq Stock Market on a reverse split-adjusted basis on September 27, 2022. Holders of USOI, GLDI and SLVO who purchase such ETNs prior to September 27, 2022 will receive one reverse split-adjusted ETN for every twenty pre-reverse split ETNs.

Credit Suisse Group AG stock is now -56.73% down from its year-to-date (YTD) trading value. CS Stock saw the intraday high of $4.47 and lowest of $4.05 per share. The company’s 52-week high price is 10.96, which means current price is +2.22% above from all time high which was touched on 01/13/22.

Compared to the average trading volume of 13.37M shares, CS reached a trading volume of 32534996 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Credit Suisse Group AG [CS]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CS shares is $6.24 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CS stock is a recommendation set at 3.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BofA Securities have made an estimate for Credit Suisse Group AG shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on July 28, 2022. While these analysts kept the previous recommendation, Goldman raised their target price to Neutral. The new note on the price target was released on March 31, 2022, representing the official price target for Credit Suisse Group AG stock.

The Average True Range (ATR) for Credit Suisse Group AG is set at 0.24, with the Price to Sales ratio for CS stock in the period of the last 12 months amounting to 1.33. The Price to Book ratio for the last quarter was 0.23, with the Price to Cash per share for the same quarter was set at 126.54. Price to Free Cash Flow for CS in the course of the last twelve months was 1.25.

How has CS stock performed recently?

Credit Suisse Group AG [CS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -20.84. With this latest performance, CS shares dropped by -21.74% in over the last four-week period, additionally sinking by -48.63% over the last 6 months – not to mention a drop of -57.43% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CS stock in for the last two-week period is set at 24.60, with the RSI for the last a single of trading hit 17.24, and the three-weeks RSI is set at 29.69 for Credit Suisse Group AG [CS]. The present Moving Average for the last 50 days of trading for this stock 5.37, while it was recorded at 4.83 for the last single week of trading, and 7.26 for the last 200 days.

Credit Suisse Group AG [CS]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Credit Suisse Group AG [CS] shares currently have an operating margin of +3.18. Credit Suisse Group AG’s Net Margin is presently recorded at -6.29.

Return on Total Capital for CS is now 0.27, given the latest momentum, and Return on Invested Capital for the company is -0.89. Return on Equity for this stock declined to -3.81, with Return on Assets sitting at -0.21. When it comes to the capital structure of this company, Credit Suisse Group AG [CS] has a Total Debt to Total Equity ratio set at 587.29. Additionally, CS Total Debt to Total Capital is recorded at 85.45, with Total Debt to Total Assets ending up at 34.15. Long-Term Debt to Equity for the company is recorded at 329.65, with the Long-Term Debt to Total Capital now at 47.96.

Reflecting on the efficiency of the workforce at the company, Credit Suisse Group AG [CS] managed to generate an average of -$32,928 per employee.

Earnings analysis for Credit Suisse Group AG [CS]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Credit Suisse Group AG go to 1.40%.

Insider trade positions for Credit Suisse Group AG [CS]

There are presently around $336 million, or 3.60% of CS stock, in the hands of institutional investors. The top three institutional holders of CS stocks are: HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC with ownership of 26,956,736, which is approximately -11.201% of the company’s market cap and around 3.10% of the total institutional ownership; DIMENSIONAL FUND ADVISORS LP, holding 5,469,793 shares of the stock with an approximate value of $22.64 million in CS stocks shares; and MORGAN STANLEY, currently with $22.13 million in CS stock with ownership of nearly 142.152% of the company’s market capitalization.

Positions in Credit Suisse Group AG stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 87 institutional holders increased their position in Credit Suisse Group AG [NYSE:CS] by around 14,226,696 shares. Additionally, 124 investors decreased positions by around 12,876,965 shares, while 28 investors held positions by with 53,957,501 shares. The mentioned changes placed institutional holdings at 81,061,162 shares, according to the latest SEC report filing. CS stock had 33 new institutional investments in for a total of 2,710,365 shares, while 55 institutional investors sold positions of 3,308,252 shares during the same period.

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